IIBF X Taxmann's Bankers' Handbook on Accounting

DETAILS : 

• Publisher ‏ : ‎ Taxmann Publications Private Limited
  
• Publication date ‏ : ‎ 6 January 2024
  
• Language ‏ : ‎ English
  
• Print length ‏ : ‎ 564 pages
  
• ISBN-10 ‏ : ‎ 9357788840
  
• ISBN-13 ‏ : ‎ 978-9357788847
  
• Item Weight ‏ : ‎ 700  g

ABOUT THE BOOK

IIBF X Taxmann's Bankers' Handbook on Accounting is a premier reference textbook exclusively published by Taxmann Publications for the Indian Institute of Banking and Finance (IIBF). This authoritative volume serves as an essential resource for banking professionals, corporate finance managers, and candidates preparing for advanced banking certifications. The book focuses heavily on the dynamic and highly regulated nature of financial tracking and reporting within the modern banking sector.

The updated edition, meticulously structured with insights from banking industry experts and internal faculty, bridges classical financial accounting with complex, current regulatory compliances. The text is divided into logical, comprehensive modules. Module A covers the foundational elements of accounting, moving from manual workflows to contemporary computerized accounting environments, journal entries, and the strict validation of vouchers for banking transactions. Module B shifts focus directly to the unique anatomy of a bank's financial statements, mapping out specialized methods for asset classification, bookkeeping constraints, and guidelines for direct income recognition.

A critical pillar of the handbook is its thorough coverage of modern compliance and taxation. Module C unpacks the nuances of both direct and indirect taxation, offering practical guidance on tax provisions and tax planning tailored specifically for banking entities. Finally, Module D details the scope and applicability of Indian Accounting Standards (Ind AS), ensuring that readers understand how modern financial institutions align their reporting structures with evolving international frameworks like IFRS and US GAAP.